In the News

February 12, 2009 | The close ties between Rep. John Murtha and a Washington lobbying firm raided by the FBI have put the powerful Pennsylvania Democrat under greater scrutiny. The lobbyists at PMA Group have been Murtha's fifth most generous campaign donor over time, but he is just one of 284 members of the 111th Congress who have collected money from the firm, which specializes in securing federal earmarks for its clients. In total, PMA Group's employees and its political action committee have given current members of Congress $3.4 million since 1989.

September 23, 2008 | The last time Congress seriously debated how to regulate the financial industry, the result was legislation that allowed the nation's largest banks to get even larger and take risks that had been prohibited since the Great Depression. A look back at that debate, which was over the 1999 Financial Services Modernization Act, reveals that campaign contributions may have influenced the votes of politicians who, a decade later, are now grappling with the implosion of the giant banks they helped to foster.

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